Can the conveyancing lawyers to be found on your site conduct auction conveyancing in Wokingham?
There are a few auction solicitors we can connect you with those specialising in auction conveyancing. Wokingham is just one of our locations in which our lawyers cover.
Is there a reason why leasehold purchase conveyancing in Wokingham is more expensive?
Wokingham leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My aunt passed away 10 months ago and as sole heir and executor I was left the house in Wokingham. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this allowed?
Where you plan to re-mortgage then RBS will insist on your using a conveyancer on the RBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your RBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the RBS mortgage is registered as a charge at the Land Registry.
Due to the guidance of my in-laws I had a survey completed on a property in Wokingham prior to appointing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks may not issue a mortgage on such a premises.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wokingham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wokingham to see if the conveyancing will be more expensive.
Hoping to buy a property located in Wokingham and I am already nervous. I couldn't find anything specific about Wokingham. Conveyancing will be needed in due course but do you know about the Wokingham area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wokingham. In the meantime here are some basic statistics that we found